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...Leahy said that in recent years CD&R had “never really been able to do a consumer deal”, adding: “They’ve all been retail deals and also we’ve never really done a leisure or consumer services deal.”...
...No mention of the B-word, then....
...cash-pay; d) something else....
...“We didn’t think that we’d be profitable this fast,” he told the Financial Times. “We’re at the beginning part of the journey....
...(b) Returns implied by the stock market equal only est. half of Citi’s target. For those looking for a “margin of safety” for an investment—we believe Citi looks like a stock to own....
...Adrian D. Garcia from Ignites contributed the graphic to this article. *Ignites is a news service published by FT Specialist for professionals working in the asset management industry....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...I’d want to see comparisons of leadership today to financial performance a decade hence. A single financial measure is not nearly enough, and operating margins are a particularly bad choice....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
...Instead, only about 5,600 patients had been approved for treatment by early April, according to a registry by the Centers for Medicare & Medicaid Services shared with the Financial Times....
...Financial-complaints handling is one of the brighter spots in the troubled world of customer service, as regulation is much tighter....
...Hidden threat B. Riley Financial is under fire for funding a buyout linked to a firm that prosecutors call a fraud, The Wall Street Journal writes....
...“And they will probably make a somewhat more modest ask for optics reasons. But I’d be stunned if they didn’t ask for a fee, in whatever form, worth multiple billions of dollars.”...
...“I’d say we have quite a few and we have a lot of quietly ambitious family-owned firms that are growing very strongly,” Leo Clancy, chief executive of Enterprise Ireland told the Financial Times....
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...One might notice a lot of interesting differences....
...Ebitda margin is a simple case of dividing one number by another, so it’s possible to hit the typo target by reducing the divisor, which is gross bookings....
...There’s an allegation of tying the buy box [ie, better placement on a product order page] to Amazon fulfilment services....
...pack in spotting that superstar lawyers were earning enormous salaries that would rival top bankers, but one firm beat us to the punch decades ago and it isn’t one that you’d expect....
...You need a pandemic or a financial crisis to create one. That’s one part. The second part is an unemployment rate that’s under 4 per cent....
...Some of that simply reflects that many investors are now uncomfortably over-allocated to private markets, after their relative resilience to public ones, but a lot of it will be due to a cautious stance...
...Forbes’ billionaire list, he told the magazine, “I’ve been associated with Warren so long, I thought I’d be just a footnote.”)....
...The plaintiff was Cassie, the R&B singer, who alleged that Combs had abused her. Combs denied the allegations....
...A 34-year-old Londoner said: “I’d be tempted to pay if it meant I was only talking to other people who paid, so you knew they were serious about it.”...
...referrals for talking therapies — has taken a financial hit....
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